Profile picture for Armando Ramirez

Armando Ramirez

Agent

1 Recent Sales (last 12 months)

Realtor (7 years experience)

Specialties:
Buyer's Agent,
Listing Agent,
Relocation,
Foreclosure

Advice

  • (76 Contributions,
  • 2 Best Answers,
  • 13 Helpful)

Contributions are sorted newest to oldest.

First time home buyer questions

Answer

Just to add something I would call the bank and see if they can do a courtesy removal of the negative mark they put on your credit report.  If the negative mark is over 2 years old it is not hurting your credit anymore even though it still shows up.

  (0)
Down-payment question

Answer

You are forgeting closing costs, which run about 3-4% of the purchase price.  You can possibly get the sellers to pay for those but in a seller's market such as the one most of the country is in you will be hard pressed to get sellers to pay for them.  Wayne is right there are a lot of costs to being a homeowner and if you don't want to find yourself defaulting on your loan you should make sure you have a nice cushion to fall back on before purchasing.

  (0)
is it worth getting a buyer's agent when buying a new house from a developper ?

Answer

Sure I think so.  It doesn't cost anything and they could provide valuable advice to you.  I usually don't like when clients ask for a commission reduction because that is how we make our living, but if you are just taking an agent along with you to buy then he should split his commission with you because he didn't really "earn it". That's what I would do anyways.So yes it is wise to bring an agent to keep the new home builder honest and you could possibly make half the realtors commission. P.S.You have to be accompanied by your realtor on your first visit to the model homes or your agent won't get compensated (and thus you won't either).

  (0)
First time buyer - realtors

Answer

Most of the time it is a buyer's agent.  Ask them if the listing is theirs.  If it is I would suggest finding another agent. 

  (0)
What sells a home....

Answer

Price will sell the home.  But then again, who sets the price? The real estate agent.  Might as well have asked if the chicken or the egg came first :)

  (0)
We recently refinanced and the bank had an appraisal done on the apartment

Answer

You can put 5 appraisers in one room and get 7 different values (sorry Vince). That's just the nature of working with error prone humans. It is an opinion of value after all. But Vince is right, get a market analysis done by a local realtor who specializes in apartments.

  (0)
what is my house worth

Answer

Contact a local agent.  Any one of them would be happy to help you determine your homes worth in hopes of earning your business when you are ready to sell.

  (0)
Does zillow offer mls listings without realtors?

Answer

I still scratch my head as to why people choose to sell their own home when statisctics prove that they get at least 10% less than what a real estate agent could have sold their home for.  FSBOs lack the marketing, negotiating and contract expertise that a full time real estate agent has.  Plus they have to do all the work themselves and expose themselves to any liability that may result from the sale. Agents have e/o insurance. It costs a lot of money (and time) to be cheap! Just because you can do something doesn't mean it's a good idea to.  That's my opinion anyways.

  (0)